Things have slowed down significantly, as the S&P continues to consolidate from last week. The upper bound of the sideways channel is $141 while the lower bound $139.80. The $141 level has been tested 3 times and the lower bound has been tested twice. As we have seen before, breaks in the sideways channel tend to have sharper snap backs, so keep that in the back of your mind. The Russel…
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